wam3483
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The US guards a lot of gold, but owns very little
The Federal Reserve Bank of New York has the world’s largest stockpile of gold. There's 550,000 bars buried under Manhattan. That’s $203.3 billion worth of gold! Just 2-5% of it is owned by the U.S. though. Than means the U.S. is trusted to gaurd more gold than it owns. Huh.
Let's coat planets in gold!
If you had all the gold ever mined, you could coat the Earth in 1.7 picometers. That's really thin. Its actually thinner than a single gold atom. So we haven't mined enough to plate the earth in gold. (special thanks to strudelman and NSFWinators on this fact.)
Shoveling driveways could be a lucrative business opportunity if the earth was coated in gold though. You could save up and get that pool table you've always wanted! Have your friends over and play some pool. Except for Gary. Gary is a jerk.
I'd kill for a gold pool ball. Just sayin'.
Gold is more dense than lead! If you had a pool ball made of solid gold, it would weigh 16 ounces (1 pound.) That's 3 times as much as a normal pool ball. A solid gold pool ball would be worth $18,500 today (March 2015.) You couldn't play pool with it though because.......
....gold is very soft! You can mold it with your bare hands. A gold pool ball would be dented on the first break. Jewelry makers create pieces from gold alloys instead. (An alloy is just one metal made from a mix of different metals.)
1 karat of gold means that 1/24th of the item is made of gold, so 24 karat gold is 100% pure gold. This is why you don't see 24 karat jewlery; you could crush it in your hand. You'd be better off with a low karat pool ball.
Please don't buy this.
Mankind has decided gold is valuable because it is rare, and is pretty chemically inert. This means it won't quickly errode or rust away like other materials. One ounce of gold is worth around $1,100 right now (though that changes all the time.)
It would cost around $700 (.6 ounces of gold) to ship 100 pounds of gold via Fed-Ex overnight. You could afford it though, 100 pounds of gold is worth $1.8 million. You could use that 100 pounds to buy a famous painting titled Voice of Fire. What a steal right!?
Since the planet isn't coated in gold, you can't shovel driveways for it. Hmm... maybe you could get that 100 pounds of gold by harvesting junk electronics?
You have heard gold is used in eletronics right? No? Ok. Well it is. This is for... reasons.
Gold is the 4th best conductor of electricity. Gold disperses heat well. Gold can be made much thinner than copper. Gold is easier to recycle than other materials and is less harmful on the environment. Gold is quite chemically inert, and won't react with other materials in a computer.
So your computer is basically a gold mine! Just kidding. There's around $9 of gold in most PC's.
Gold is also used in medicine. Historically it was used to treat nervous system problems, impotence, and alchoholism. Impotence and alchoholism, seriously. Goldschläger is such an ironic liquor. Gold has modern day benefits used for anti-inflamatory purposes such as arthritits.
Cat Tax!!!
Iridium: http://imgur.com/gallery/O95Wp
Platinum: http://imgur.com/a/IMt7Z
Silver: http://imgur.com/gallery/Efm0T
Copper: http://imgur.com/gallery/YG1NY
rqgv9bu
this post is golden
DontcallmeLen
In the affluent areas of India, night soil men often pan for gold in the sewage pipes.
IntelligentHippo
WHEN EVERYTHING, EVERYTHING, EVERYTHING YOU TOUCH TURNS TO GOLD GOLD GOLD!!!!
sebastianthelobster
Fun fact, silver is actually globally rarer (and just as easy to mine) but less valuable for purely historical and aesthetic reasons
wam3483
When I looked it articles online say silver is 5 to 10 times as common as gold.
StarrryNight
Nice info. But as a Gary, fuck your face.
Evantehgreat
Actually V of fire is $40 mil.http://ottawacitizen.com/entertainment/local-arts/newmans-revenge-the-value-of-voice-of-fire-is-scorching-hot
CrazedChronicler
Anyome else hearing that song from Pocahontas in their head? You know the one.
wam3483
hahaa yeahhhhh... https://www.youtube.com/watch?v=gFHym_W6vkE
Howtogrowwood
Dig and dig and dig and diggery hinananane
Callofthegame
Hmmmm, I think your pool ball calculation is way off. A pool ball is 61.5 mm in diameter, so 115.95 cm^3. At gold's density of (1/2)
Callofthegame
19.3 g/cm^3, that's 2237.835 grams, or 78.9 oz, 4.93 pounds. 78.9 oz = 71.9 Troy oz, so the value is about $85,671.
Callofthegame
A 1-pound ball of gold would have a diameter of about 1.4 inches.
archaicFEVER
Gold digging to get to the front page! +1 you clever Fuck!
wam3483
user sub gold stays buried. Keep it secrete, keep it safe haha
Gearballz
I love gooooooooooold
CallMeJerryBecauseIAmJerry
I like you because we have the same humor. And I like gold. I bought gold. I love gold. And your mom.
SinsOftheErectPhoenix
*athri-tits
barrackobarner
Did you just correct OP for spelling arthritis correctly?
wam3483
lol thanks, I'm not even gonna fix it ;-)
barrackobarner
Also guard.
lilanxious
I'm coming to realize you really don't like someone (or people) named Gary
wam3483
;-) maybeeeee.
TheHorseShesElbowDeepIn
Au yeah!
wam3483
Dang, that's gold!
CaptainMcFloaty
Talk about user-sub gold
wam3483
Th... Tha... that's the title lol.
gimmesome
I tried mining for gold once, but it didn't pan out.
BobKelsoDoesntGiveACrap
LoudredBragg
Ahhhh ore rly?
Hostage55
Eyyyyyoooooooo
LezgoNecro
Is this just sluice talk, ore was it really in the vein of actual mining?
Zokathra
Actually, FED probably holds very little gold. Last time it was audited in 2012 they checked and found only 416 tons of gold 1/2
Zokathra
And for example Germany alone has stored 1500 tons of gold in FED. Where's the gold? 2/2
RandomUpvotes
wam3483
https://www.youtube.com/watch?v=gFHym_W6vkE
shinagami091
DIdnt I also learn in Cosmos that Gold is limited because it is created using nuclear fission in stars? Seems that would be important here
Orktapus
User Sub Gold right here
ProudAussie
I work at gold mines. I just pick it up off the ground.
wam3483
Really? You should do a post about it!
ProudAussie
Nah, it's not that interesting.
LoudredBragg
What a gold mine...
c0nman
i'd imagine we charge a premium on the rest of the gold that we protect but don't own
TheQuack
you should do copper next
azerhjk
http://imgur.com/4Y2X2jT
wam3483
Hmmm... I think I will. Good idea!
TheMungoman
Also platinum, if possible! Thank you, strange internet metal man!
wam3483
Another guy asked for palladium. Platinum might be more interesting. I'll do them both though.
TheMungoman
You. You must be one of them there guys that the kids these days keep a-callin' real Emm-Vee-Pees. Or somethin' like that.
IlluRex
A metric tonne of municipal sewage in America contains, on average, a third of a gram of gold, making it equivalent to a low grade gold ore.
IlluRex
http://pubs.acs.org/doi/full/10.1021/es505329q
wam3483
Holy shit haha, mind if I add this to the post?
IlluRex
Absolutely not, that's why I posted it. : )
HerpestonMcDerping
There is so much bs in this post, it should be brown, not gold.
IlluRex
Dunno about BS, but municipal sewage contains some gold. http://www.reuters.com/article/2009/01/30/us-gold-sewage-odd-idUSTRE50T56120090130
wam3483
What specifically is bs?
Zonnbi
To start Gold is the #4 best electric conductor. Carbon#1, Silver#2, Copper#3
wam3483
Good catch, good catch. I would say that's more a mistake than me bullshitting people. Can you find another?
Zonnbi
I was just assisting the original poster who was calling BS. I just have a hard-on for silver and get all defensive about it.
tossingEwoksIntoLakesOfMethane
i nice collection of factoids with some barely mildly interesting non-revelations eg "U.S. is trusted to guard more gold than it owns. Huh"
wam3483
I didn't know the US guarded more gold than it owned. Assumed the majority was in swiss banks.
tossingEwoksIntoLakesOfMethane
you allude to it, but gold's malleability is unsurpassed. eg gold leaf on books and furnishings n massachusetts state house
tossingEwoksIntoLakesOfMethane
you never even saw die hard 3? we are bank to the world. the un' sits here. world banks. nyse.
wam3483
haha, no never watched die hard 3.
tossingEwoksIntoLakesOfMethane
jeremy irons robs the gold depository under nyc
wam3483
Really? That actually sounds kinda cool. I only watched the first Die Hard. I'm not big on action movies.
strudelman
The gold-plating one seems really far off. I get a depth of 1.74e-11 meters, which is only .00000000174 centimeters, 1.74 picometers.
NSFWinators
HOLD IT! A picometer is 1.74e-12 meters. Which would be .0000000000174 centimeters.
strudelman
You're right, I misplaced a power of ten myself. In the picometer measure - it'd really be 17.4, not 1.74. The centimeter one is right.
wam3483
What formula did you use?
strudelman
Earth is big - 2 centimeters across its entire surface would be a huge amount of anything, really.
strudelman
8870 m^3 of gold spread over earth's surface area, 510.1 trillion m²
wam3483
My equation was 4*PI*r^3 - EARTH_VOLUME = volume of gold mined. Solve for r. Subtract earth radius from r. What was your equation?
strudelman
The volume divided by the area indicated. At the depths we're talking about, the difference will be insignificant.
wam3483
Radius of Earth = 6371.0km. Surface area = 510064471km^2. All gold mined =8661km^3. AllGoldMined/SurfaceArea = 0.000016980240571493512km
strudelman
Also, the volume of a sphere is 4/3 pi r^3. 4 pi r^2 is the surface area.
wam3483
Right, right. I mistyped.
NSFWinators
Covering the earth in a picometer of gold would be weird, I think gold atoms have around 150 picometers radius :D
wam3483
Didn't realize that. Pretty interesting, would you mind if I use this fact in the post?
NSFWinators
Knock yourself out. I feel important now ^_^
wam3483
Updated post. Credited you too. Thanks!
NSFWinators
Actually I just did some math and I used just your 550000 bars, assuming that 1 bar = 1 kilo, I get 1e-7 grams of gold per m².
wam3483
I used a volume of gold value of 8661 km². What volume did you get?
NSFWinators
earths surface area is 5*10^11m, gold density 19000kg/m³, so (550000/19000) / (5*10^11) gives you 5.8e-11 m thickness. God damnit.
NSFWinators
I used 550000kg. The number you used.
NSFWinators
5.8e-11 is 50 picometers. So it's still less than the atomic radius. We're fine. :P